Wednesday, February 29, 2012

Increasing Pressure On The Bit And Cranking Up The RPM's

A little tounge-in- cheek humor......but a lot of truth.  Don't shoot me, I'm just the messenger.

Drill, Barry, Drill

by John Ransom
So let’s you, me and the New York Times agree that Obama really doesn’t have an energy policy. Recently Obama reinforced that notion, when he tried to sell us on the idea that he's responsible for increased oil production. Please.
You see, Obama was against oil production before his newest, bestest policy, just recently embraced 72 hours ago, that- to paraphrase him- says: “Drill, Barry, drill.”
His change of heart , or lack thereof, has come about in wake of the administration’s latest self-inflicted gunshot wound to the economy, rising oil prices… again.

(Isn't it interesting, Mr. Bernanke, that the increasing price of oil coincides with the increasing money supply?  Quantitative easing or massive inflation?  I'll be thinking of you next time I fill my gas tank, or heaven forbid, plug in my electric vehicle.  Peter)

John Ransom

John Ransom

John Ransom is the Finance Editor for Townhall Finance. You can follow him on twitter @bamransom and on Facebook: bamransom.

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